RIL to develop leaders of the future; Launches Accelerated Leadership Programme

Reliance Industries Limited (RIL) has recently launched its Accelerated Leadership Programme (ALP), designed to develop a highly skilled and performance-oriented cadre, which will take up very senior positions in the organisation over the next few years.

The programme is being spearheaded by Mukesh Ambani, Chairman and Managing Director, RIL, and advised by global management consulting firm McKinsey. The programme, open to candidates of any nationality, will shortlist experienced and high-performing professionals between 27 and 34 years of age, who are truly capable and passionate about working in high-growth businesses.

Selected candidates would be mentored by member of the company's Executive Committe which includes besides Mukesh Ambani, PMS Prasad, Nikhil Meswani and Hital Meswani. The ALP is open to candidates from other organisations and across geographies.

The need for such a leadership cadre stems from the fact that RIL has grown extremely rapidly in the last decade and is set to replicate the same scorching pace of growth going forward as well.

Since 2001, Reliance has increased its turnover 10 times and today, with over USD 44-billion in turnover and over USD 78-billion in market capitalization, is amongst the largest companies in the world. And as the company pursues its next phase of growth, the ALP would form the heart of this initiative.

The ALP is a unique of its kind programme which would comprise a hands-on, two-year leadership experience that has "no parallel". The programme is aimed at attracting and developing leaders of the highest caliber who will lead RIL in the future and to the forefront of global leadership in all its businesses.

In the initial phase, RIL is looking for professionals in the realms of finance (including M&As), procurement, HR and IT. Later, a select group of professionals would also join through the ALP route for other functions and businesses.

Apart from the age criteria, candidates for the ALP must have an engineering degree or be an MBA or hold any other professional degree, be "highly entrepreneurial or self-driven" and have at least one-year relevant experience in any of the above-mentioned four functions. Over four-years of total work experience is strongly preferred.

The recruitment process will last up till July. Shortlisted applicants will appear for a short, specially designed personality and business aptitude assessment and successful candidates will be invited for interviews with RIL's HR leaders and respective functional leaders.

Successful candidates will enjoy a "branding for life" as this program will have a very low acceptance percentage and selection will earmark one as a high-potential professional.

Besides, the world-class exposure and training one will receive as part of the ALP will distinguish them from their peers going forward. The ALP will be amongst the most sought after development experiences for high-potential professionals not only in India, but globally as well.

In keeping with the exclusivity of the programme, the ALP will offer best-in-class compensation.

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